ISBN: 9781484337165

Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...

Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...

Publication Date:
20
June
2017

DOI: http://dx.doi.org/10.5089/9781484302996.002

ISBN: 9781484302996

This paper presents country experiences with reforms to strengthen regulatory oversight of the Islamic banking sector. Based on the selected country experiences, a number of important lessons and policy options can...

Publication Date:
22
June
2015

DOI: http://dx.doi.org/10.5089/9781513526638.001

ISBN: 9781513526638

This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs).
We first confirm that aggregate inflows to EMs co-move considerably. We then report three
findings: (i) the aggregate co-m...

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
01
July
2012

DOI: http://dx.doi.org/10.5089/9781475505344.001

ISBN: 9781475505344

This paper reexamines the relationship between aid and domestic tax revenues using a more recent and comprehensive dataset covering 118 countries for the period 1980 - 2009. Overall, our results support earlier fin...

DOI: http://dx.doi.org/10.5089/9781455221066.001

ISBN: 9781455221066

We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Lo...

DOI: http://dx.doi.org/10.5089/9781451873689.001

ISBN: 9781451873689

This paper offers a coherent empirical analysis of the determinants of the real exchange rate, the current account, and the net foreign assets position in low income countries. The paper focuses on indicators speci...

The Independent Evaluation Office (IEO) was established by the IMF's Executive Board in 2001. It provides objective and independent evaluation of issues related to the IMF. The IEO operates independently of IMF man...

DOI: http://dx.doi.org/10.5089/9781451863901.001

ISBN: 9781451863901

Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely...

Publication Date:
01
September
2003

DOI: http://dx.doi.org/10.5089/9781451858839.001

ISBN: 9781451858839

This paper examines the revenue response to inflows of foreign aid in 107 countries during the period 1970&#x2013;2000, In particular, it investigates whether the impact of aid on the revenue effort depends on the...